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Search Results 0 to 7 of about 8 (some duplicates have been removed)
's suggestion he might not demand the top income tax rate return to what it was under bill clinton. aides with him for the second tour of damage from hurricane sandy suggested mr. obama's demand is for a sure source of re-knew, leaving negotiators to decide how much the re-knew is. >> what i will not do is to have a process that is vague, that says we're going to sort of, kind of raise revenue through dynamic scoring. or closing loopholes that have not been identified. >> on this day, house speaker john boehner claimed that gallup survey showed most people support lowering the deficit ending the tax loopholes and making needed spending cuts. but that is not specific enough for white house. boehner wasn't more detailed the day before. >> getting in to the specifics of that at this point would not be con deuce i to try to come to the white house. >> republicans and democrats continue to position themselves for friday startup talks between the president and congressional leaders. each accusing the other of refusing to compromise. >> the keys to the car are heading toward the fisca cliff are
but achieves our common goal of balancing a budget. something bill clinton and newt gingrich did in the mid-90s. shannon: are you against closing loop holes? >> i'm in favor of new revenues through economic growth. if you grow the economy at 4% a year, that 4% a year over 2% a year over a decade raises $5 trillion in more revenue. not a tax increase. but revenue through growth. why would you raise taxes when you could debt $5 trillion by cutting marginal tax rates and getting rid of some of the overregulation that obama is threatening the economy with and having more economic growth and more people pat work? that's the better way to raise revenue. it's disingenuous to say both parties have failed. the republicans in the house passed the ryan plan which fundamentally reformed entitlements. it needs the senate and the president to go along with it. but the republicans passed a real budget in writing in legislative form not some essay about what they think might be done which is all the president has done. shannon: paul ryan did win his house seat so he will be back there with the budget committee
'm going to finish. the i'm going to finish. under bill clinton we raised taxes on rich people. saw the biggest economic boom in american history. under george bush we lowered taxes on rich people go into economic ruin. >> this is problem with people with no connection. >> i'm going to i'm going to finish i'm going to finish. so there is not, based on our own experience a direct connection between raising rates and on wealthy people and economy going, going down. in fact the opposite happened. and so you can keep saying it doesn't make it true. rick: go ahead, pete. >> simon you have no experience in the private sector. never run a is business. that is problem when you have policy wonks. >> i run a business, 16 years. nice try, pete. >> solution for america. small businesses are answer here. president has a great opportunity to lead. >> i've been running a small business for 16 years. pete. rick: not everything was decided last tuesday. not everything was settled. we'll continue the conversation. simon and pete, we'll have you back again soon. >> thank you. >> sure. jenna: put your
. that is pretty evil. >> i don't think that happened under reagan or under bill clinton. marginal tax rate increase that democrats are looking for will do nothing more than help support the majority of middle class americans that not only support increases on, increase in tax rates on people who are earning over $250,000 but also support not cutting things like social security and medicare and medicaid. and so i think the democrats come in not feeling very, very, rather feeling very strong around this idea that they can create the right compromise and right balance to move this country forward. rick: terry, bill kristol, the prominent conservative, spent last couple days on this network talking about how republicans may want to go along with the president's plan to raise tax rates on those earners above 250,000. take a listen. i'll get your response. this is last night an "special report". >> the first takes rates expire on december 31st. rates are going up for everyone if nothing happens. if you think republicans can win a showdown preserving all the current tax rates against a president
Search Results 0 to 7 of about 8 (some duplicates have been removed)

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